Troy Information Technology Co (SZSE:300366) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Troy Information Technology Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Troy Information Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Troy Information Technology Co's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.00). It may suggest that Troy Information Technology Co is progressively becoming less dependent on debt to grow their business.

Troy Information Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Troy Information Technology Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Troy Information Technology Co LT-Debt-to-Total-Asset Chart

Troy Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

Troy Information Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	-	-	-	-

Troy Information Technology Co LT-Debt-to-Total-Asset Calculation

Troy Information Technology Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	6.943	/	3427.833
	=	0.00

Troy Information Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8.315	/	3320.872
	=	0.00

Troy Information Technology Co (SZSE:300366) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Troy Information Technology Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Troy Information Technology Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Troy Information Technology Co (SZSE:300366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Troy Information Technology Co Ltd (SZSE:300366) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28, Xixin Avenue, High-tech Zone, Gaoxin West District, Chengdu, CHN, 611731

Website

https://www.troy.cn

Troy Information Technology Co Ltd is a Chinese technical service provider for telecom operators. Its product technologies include big data, Cloud computing, and Wisdom. Its big data products include enterprise-level big data platform, big data business model platform, big data processing platform, and big data capability sharing platform.

Executives

Wang Xiao Wei	Director
Li Jing	Directors, executives
Du Guang Xiang	Directors, executives
Lu Wen Bin	Director
He Wen Jiang	Directors, executives
Liu Jie	Executives
Wang Xiao Ming	Director
Wang Yong	Supervisors
Lei Li	Directors, executives
Zhou Xue Jun	Director
Gu Hong Bin	Executives

Troy Information Technology Co (SZSE:300366) Headlines

No Headlines